Flipkart Sold Itself To Walmart & This Is How Gyanchand’s Reacted On Internet!

2 min

World’s biggest e-commerce deal happened just few days back and now everyone is calculating if the Flipkart is that much attractive or the Walmart did a mistake!

Whatever it is, this deal has opened a new gate to the war-field of e-commerce world and the Indian company will represent the Walmart against the Amazon.

Analysts believed that Walmart overpaid for its stake in Flipkart. This is because Flipkart is not expected to be profitable for some years and the Indian e-commerce market is small by global standards – 100 million customers in a country with about 1.3 billion people.

But guess what! There’re no ways for Walmart to get into Indian market with that fast entry and with such hype. But many considers that Sachin & Binny has back-stabbed their sellers by this deal as Walmart has a reputation of killing small businesses by bringing their own partners on-board and offering unbelievable prices to consumers to compete against it’s rivals.

In this grand wedding of the E-commerce giants, sarcastical facts by the Indian gyanchand’s and twitteraties has lead us to know a lot about this deal. You Can’t miss any of those, check below!

To put #FlipkartWalmartDeal in perspective–Flipkart’s valuation of $20b (Rs 1.35 lakh crore) is higher than Mahindras’ market cap of Rs 1.06 lakh crore. Not bad for an 11-yr-old firm that started out as a bookseller. Proves the power of India’s digital economy & market potential

For those worried #FlipkartWalmartDeal heralds a return of the East India Company, remember Star Sports (to cite just one example) on which they happily watch #IPL belongs to Murdoch. In a globalised world, ownership matters less than economic growth, consumer choice & jobs https://t.co/you79dylSd

So, like so many other Indian entrepreneurs in the past, @Flipkart creates value and then sells itself to a foreign company. No wonder we will never have an Indian Uber, Alibaba or Amazon ever. #FlipkartWalmartDeal